InvestorsHub Logo
Followers 2
Posts 16
Boards Moderated 0
Alias Born 05/27/2014

Re: Watts Watt post# 84422

Tuesday, 03/15/2016 3:06:59 PM

Tuesday, March 15, 2016 3:06:59 PM

Post# of 232742
No, I understand completely.

A huge investor with intimate knowledge of the technology valued the company at about $.156/share ($63 million/405 million shares), which is about double the pre-deal PPS. AND...this is the deal he got when the company was cash strapped and over a barrel! There was obviously value in the company that this micro-sized OTC market with limited public information was not seeing.

The market doesn't really care about the price at which Watts values the shares. A company's value is not based on current revenues. It's based on expected future earnings, friend.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LQMT News